CAN UNCLE AND NEPHEW BE A PARTNER IN A FIRM
This query is : Resolved
16 October 2010
DEAR EXPERTS,
CAN UNCLE AND NEPHEW BE A PARTNER IN A FIRM???
RAHUL
CAN UNCLE AND NEPHEW BE A PARTNER IN A FIRM???
RAHUL
16 October 2010
YES, UNCLE AND NEPHEW BE A PARTNER IN A FIRM.
16 October 2010
sir,
please explain with any law in this regard.
please explain with any law in this regard.
17 October 2010
Since there is no express prohibition in the Indian Partnership Act,1932 uncle and nephew (if major)can be partners in a partnership firm.
18 October 2010
Very much possible.
Relatives are allowed to enter in the partnership.
Relatives are allowed to enter in the partnership.
28 October 2010
SIR THANKS TO ALL EXPERTS FOR CLEAR THIS CLARIFICATION .
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- GST ON EXPORT COMMISSION
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Sale of property furniture sale
- Confusion around Form 26QB fields
- Adjustment entry in the case of Individual and HUF on 31st March
- Stock difference tax applicable on composite rate or normal rate
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
